124 Melody Lane

Costa Mesa, CA 92627

$1,490,000
Last Sold Price
3
Beds
3
Baths
2,900 Sq. Ft.
$514 / Sq. Ft.
2,900
Sq. Ft.
$514
per Sq. Ft.

Description

Introducing an amazing development opportunity in the highly sought-after Eastside Costa Mesa neighborhood. This exquisite, spacious property, situated in an R3 zone, offers a unique blend of contemporary living and luxury amenities, as well as the potential to build six units, making it an ideal investment for developers and homeowners alike. The existing home features an open floor plan with two distinct living areas, perfect for entertaining or simply enjoying cozy nights in. The attached 2-car...Introducing an amazing development opportunity in the highly sought-after Eastside Costa Mesa neighborhood. This exquisite, spacious property, situated in an R3 zone, offers a unique blend of contemporary living and luxury amenities, as well as the potential to build six units, making it an ideal investment for developers and homeowners alike. The existing home features an open floor plan with two distinct living areas, perfect for entertaining or simply enjoying cozy nights in. The attached 2-car garage ensures ample parking and storage space, while the inclusion of all appliances guarantees a hassle-free move-in experience. The true showstopper, however, is the incredible backyard oasis that awaits you. Here, you'll find a stunning pool nestled amidst lush landscaping, creating the ultimate escape for relaxation, recreation, and outdoor living. With a backyard like this, you'll feel like you're in your own private paradise. As a development opportunity, this property's R3 zoning allows for the construction of up to six units, presenting a rare chance to create a multi-family residential project in the vibrant Eastside Costa Mesa community. Benefit from a serene living environment with convenient access to local shops, restaurants, and amenities, while maximizing the property's potential. Don't miss out on this remarkable property and the chance to capitalize on its outstanding development potential. Seize the opportunity to make a lasting impact on the Eastside Costa Mesa community and create a legacy for years to come.
  1. Listed by Jeff Cefalia • DRE #02081879 • Brokerage DRE #02102276 • Cefalia Real Estate • 949-697-1955

Property Details for 124 Melody Lane

View
None
Parking Spaces Total
2
Private Pool
Yes
Cooling Type
Central Forced Air
Total Units
1.0
Building Type
Detached
Lot Size Source
Survey
Living Area
2900
LISTING UPDATED: 07/06/2024 10:09 PM

Property Details for 124 Melody Lane

StatusClosed
MLS #OC24015785
Days on Market103
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.20 AC / 8,780 SF
CountyOrange County

Building Information for 124 Melody Lane

Stories1Residences-Year Built1963Building Size-Lot Size0.20 AC / 8,780 SF

Property Information for 124 Melody Lane

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Financing: Conventional
Expense Details
  • Operating Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 516
  • Tax Census Tract: 632.02
  • CFD/Mello-Roos Fee: $793
  • Tax Lot: 221
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas Dryer Hookup
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Central Air
Exterior Features
  • Entry Location: Street
  • View Description: None
  • Pool Features: Private
  • Pool Description: Private
  • Pool: Private
Land/Lot Info
  • Lot Features: 16-20 Units/Acre
  • Number Of Units: 1
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Eastside Central
  • Builders Tract Code: Eastside Central (ECCM)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 6000
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 124 Melody Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 124 Melody Lane

Taxable ValueLand$1,336,186Additions$153,014Total$1,489,200
Tax Record2024$16,682 ($1,390 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt1,802 SqFtAbove Grade Finished SqFt1,802 SqFtStories1Lot Size7,820 SqFtStyleSingle Family ResidenceYear Built1963CountyORANGEAPN426-181-14

Schools near 124 Melody Lane

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Woodland Elementary School
PublicK to 2

Heinz Kaiser Elementary School
Public3 to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cefalia Real Estate, Jeff Cefalia, DRE #02081879

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.